House for sale
Turnkey income property ideal for hands-off investors, near shops and transport. Nine self-contained units each with prepaid water and electricity meters, nine bathrooms and 10 covered parking, yielding R17,400/month.
This fully tenanted property is looking for a new landlord.
9 separate unit. Each has its own prepaid water and prepaid electricity meter.
Each unit also has its own toilet and water point.
We are looking for serious cash buyers wanting an already set up income stream.
Total current income is R17 400 per month with room for increases.
This property is sold as is.
Listed for sale at R1,200,000
Compared with 35 active listings in Germiston.
Insight
Priced 31% below the local median — and below the typical range for Germiston.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
35 listings
Similar homes town-wide
92 days
Median time on market
Medium inventory
Active across Germiston
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Wannenburghoogte is a quiet, established residential suburb in Germiston that offers residents a peaceful suburban atmosphere with convenient access to major industrial hubs and essential urban amenities.
